225 Nautilus Drive, Madison

$1,450,000

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

Solidly built, brick 8 unit now in an established neighborhood. Each unit includes one space in a detached garage, and storage locker. Each building also features basement laundry area for tenant use. This property has been well-maintained but can use some cosmetic updates. Strong rental history with some room for rent increases. Rents listed are for Units in Building 225. Additional unit rents for Building 229: #1 $1260, Great location close to bus line and employers including Trustage and Exact Sciences.#2 $1225, Unit #3 $1265, Unit #4 $1215. All units are similar in floorplan and condition. Only 1 unit will be available for initial showing.

Assist 2 Sell Homes 4 You Realty.

Essential Information
Status Offer-No Show
Detailed Status Offer-No Show
Days on Market 641
MLS® # 1984907
Price $1,450,000
Year Built 1965
Type Multi Family
Assessed Value $1,243,000
Year Assesed 2024
Net Taxes $21,554
Tax Year 2023
Total Income $125,760
Total Expenses $60,338
Net OP Income $59,134
Utilities Separate elec meters
Parking Per Unit Detached
Exterior Brick
Community Information
Address 225 Nautilus Drive
MLS® Area MADISON - C W06
City Madison
County Dane
State WI
Zip Code 53705
School Information
District Madison
Elementary Muir
Middle Jefferson
High Memorial
Property Overview
2 Bedroom Units 8
Total Units 8
# of Water Heaters 4
# of Water Softeners 2
Heat Fuel Natural Gas
# of Stoves 8
# of Refrigerators 8
# of Dishwashers 2
# of Washers 2
# of Dryers 2
Unit 1 Details
# of Bedrooms 2
# of Full Baths 1
Lease Expires 7/31/25
Monthly Rent $1,295
Square Feet 812
Parking 1 Car Garage
Landlord Pays Elec Yes
Landlord Pays Heat No
Landlord Pays W/S Yes
Unit 2 Details
# of Bedrooms 2
# of Full Baths 1
Lease Expires 4/30/25
Monthly Rent $1,245
Square Feet 812
Parking 1 Car Garage
Landlord Pays Elec Yes
Landlord Pays Heat No
Landlord Pays W/S Yes
Unit 3 Details
# of Bedrooms 2
# of Full Baths 1
Lease Expires 5/31/26
Monthly Rent $1,295
Square Feet 812
Parking 1 Car Garage
Landlord Pays Elec Yes
Landlord Pays Heat No
Landlord Pays W/S Yes
Unit 4 Details
# of Bedrooms 2
# of Full Baths 1
Monthly Rent $1,295
Square Feet 812
Parking 1 Car Garage
Landlord Pays Elec Yes
Landlord Pays Heat No
Landlord Pays W/S Yes
Additional Information
Zoning Commercial
Short Sale No
REO / Bank Owned No
Property History
Status Changed from Active to Offer-No Show
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Data provided by the South Central Wisconsin MLS as of 06/15/2026.

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